Per a source with knowledge of the contract, Graham received $12 million to sign, along with a $1 million base salary for 2014. That’s $13 million in the first year (math!) and a cap number of $4 million.

That suddenly frees up an additional $3.3M on the 2014 cap. Just like several of us have been attempting to point out. THAT is how the Saints can afford $10M per year.

That suddenly frees up an additional $3.3M on the 2014 cap. Just like several of us have been attempting to point out. THAT is how the Saints can afford $10M per year.

Again with the # magic! We have by far the best front office. As much as I fussed I'm glad he is still a Saint. He said he will be a Saint as long as Brees is. 4 year deal makes sense. I said 3yr/30 million and was only a year off.